Registered number
05160865
BLUE CHERRY LEISURE LIMITED
Filleted Accounts
30 June 2023
BLUE CHERRY LEISURE LIMITED
Registered number: 05160865
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 170,939 184,278
Current assets
Stocks 19,920 12,168
Debtors 4 14,474 3,327
Cash at bank and in hand 98,462 212,074
132,856 227,569
Creditors: amounts falling due within one year 5 (99,329) (172,990)
Net current assets 33,527 54,579
Total assets less current liabilities 204,466 238,857
Creditors: amounts falling due after more than one year 6 (161,528) (167,946)
Net assets 42,938 70,911
Capital and reserves
Called up share capital 104 104
Profit and loss account 42,834 70,807
Shareholders' funds 42,938 70,911
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M L Baldwin
Director
Approved by the board on 20 March 2024
BLUE CHERRY LEISURE LIMITED
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicle 25% on the reducing balance basis
Fixtures and equipment 15% on the reducing balance basis
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 36 36
3 Tangible fixed assets
Leasehold property Fixtures and equipment Motor vehicle Total
£ £ £ £
Cost
At 1 July 2022 97,500 331,629 5,741 434,870
At 30 June 2023 97,500 331,629 5,741 434,870
Depreciation
At 1 July 2022 - 248,080 2,512 250,592
Charge for the year - 12,532 807 13,339
At 30 June 2023 - 260,612 3,319 263,931
Net book value
At 30 June 2023 97,500 71,017 2,422 170,939
At 30 June 2022 97,500 83,549 3,229 184,278
4 Debtors 2023 2022
£ £
Trade debtors 8,855 1,325
Prepayments 5,619 2,002
14,474 3,327
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors and accruals 28,030 79,166
Taxation and social security costs 31,480 46,893
Directors' loan accounts 39,819 46,931
99,329 172,990
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loan 31,528 37,946
Directors' loan accounts 130,000 130,000
161,528 167,946
7 Other information
BLUE CHERRY LEISURE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
41 King Street
Whalley
Clitheroe
BB7 9SP
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